Probing beyond data

In the open market, having all the data is both impossible and highly overrated, because our clients won’t have that context when considering our price, and they are the ones making the decision. That doesn’t mean we are helpless, but the rules change.

Data Desert

You don’t have enough data to make certain decisions, right? Important decisions like pricing should ideally be modeled first and tried out in safe conditions. The resulting data will then tell you whether that decision is a good one or not. Here’s a truth bomb though: in the open market, there is never enough data Read more…

By Filip Fučić, ago